HomeMy WebLinkAboutR-04-0526City of Miami
Legislation
Resolution: R-04-0526
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-00702 Final Action Date: 7/29/2004
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AUTHORIZING THE TRANSFER OF 30TH YEAR ECONOMIC DEVELOPMENT
RESERVE FUNDS IN AN AMOUNT NOT TO EXCEED $250,000; ALLOCATING
SAID FUNDS TO THE LITTLE HAITI-EDISON FEDERAL CREDIT UNION FOR
ECONOMIC DEVELOPMENT ACTIVITIES BEGINNING OCTOBER 1, 2004 TO
SEPTEMBER 30, 2005; FURTHER AUTHORIZING THE CITY MANAGER TO
EXECUTE AN AGREEMENT WITH SAID AGENCY FOR SAID PURPOSE, IN
SUBSTANTIALLY THE ATTACHED FORM.
WHEREAS, the City Commission at the meeting of June 10, 2004 reserved $400,000 from
Economic Development Funding for Fiscal Year 2004-2005;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The transfer of 30th Year Economic Development Reserve Funds in an amount not to
exceed $250,000, and the allocation of said funds to the Little Haiti -Edison Federal Credit Union for
economic development activities beginning October 1, 2004 to September 30, 2005, is authorized.
Section 3. The City Manager is authorized{1} to execute an Agreement with said agency for said
purpose, in substantially the attached form.
Section 4. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor {2}.
Footnotes:
City of Miami
Page 1 of 2 File Id: 04-00702 (Version: 2) Printed On: 9/28/2016
File Number: 04-00702 Enactment Number: R-04-0526
{1} The herein authorization is further subject to compliance with all requirements that may be
imposed by the City Attorney, including but not limited to those prescribed by applicable City Charter
and Code provisions.
{2} If the Mayor does not sign this Resolution, it shall become effective at the end of (10) calendar
days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 File Id: 04-00702 (Version: 2) Printed On: 9/28/2016